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SOCAR / DESFA

M.7095

SOCAR / DESFA
February 1, 2017
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

The State Oil Company of the Republic of Azerbaijan (“SOCAR”) has submitted a notification of a proposed concentration pursuant to which it intends to acquire sole control of the Hellenic Gas Transmission System Operator (“DESFA”) within the meaning of Article 3(1)(b) of Council Regulation (EC) No 139/2004.

The business activities of the undertakings concerned are as follows:

SOCAR is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, marketing petroleum and petrochemical products in domestic and international markets, and supplying natural gas to industry and the public in Azerbaijan.

DESFA operates, maintains, manages, exploits and develops the Hellenic Gas Transmission System.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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